Directorate Change
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Sorted Group Holdings plc (AIM: SORT), a leading provider of delivery experience and post-purchase technology, announces that Carmen Carey has stepped down as Chief Executive Officer ("CEO") and Executive Director of the Group with immediate effect.
Carmen will continue to support Sorted during a three month notice period.
Whilst the Group plans to appoint a new CEO, in the intervening period, Simon Wilkinson, the Group's Chairman, will also take on the role of Executive Chairman. In addition to Simon Wilkinson's software and general management expertise, Sorted will also draw on the significant experience of its other existing board members to oversee the operations of the business, including the distribution and logistics expertise of Petar Cvetkovic, a Non-Executive Director.
In order to recognise Simon Wilkinson's increased involvement in the operations of the business, Sorted has entered a consultancy arrangement with him whereby the Group will pay Mr Wilkinson a daily consultancy rate of £1,750.00 (the "Consultancy Arrangement"). It is anticipated that Mr Wilkinson will work a maximum of three days per week pursuant to the Consultancy Arrangement.
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